Montecito Bank & Trust Has $1.92 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Montecito Bank & Trust lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 40,054 shares of the company’s stock after buying an additional 344 shares during the quarter. Montecito Bank & Trust’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,915,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Sageworth Trust Co of South Dakota increased its position in Vanguard FTSE Developed Markets ETF by 7.1% during the third quarter. Sageworth Trust Co of South Dakota now owns 28,834 shares of the company’s stock worth $1,523,000 after buying an additional 1,906 shares during the last quarter. Advance Capital Management Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 14.3% during the fourth quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock worth $656,000 after purchasing an additional 1,711 shares during the period. Kozak & Associates Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the period. First County Bank CT boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 18.0% during the 4th quarter. First County Bank CT now owns 13,089 shares of the company’s stock worth $626,000 after buying an additional 1,993 shares during the period. Finally, Tenon Financial LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2.3% in the 3rd quarter. Tenon Financial LLC now owns 231,747 shares of the company’s stock valued at $12,239,000 after buying an additional 5,154 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $49.74 on Friday. The stock has a market capitalization of $130.32 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company has a 50-day moving average of $49.00 and a two-hundred day moving average of $50.29. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.72 and a 52-week high of $53.40.

Vanguard FTSE Developed Markets ETF Profile

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.